OFF MARKET

124 Martins Road
Oakbank SA 5243

Bedrooms: 4
Bathrooms: 3
Car spaces: 6
Floor area: 272m2
Land area: 24090m2
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Property Details for 124 Martins Rd, Oakbank

124 Martins Rd, Oakbank is a 4 bedroom, 3 bathroom House with 6 parking spaces and was built in 1987. The property has a land size of 24090m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
1987
Floor Size
272m2
Land Size
24090m2
Local Government
Adelaide Hills
Lot/Plan
A40/D119878

Last Listing description (March 2017)

** OPEN INSPECTION CANCELLED- CONTACT AGENT FOR MORE DETAILS**
Positioned behind the iconic Oakbank Race Course and short trot from O leary Walker Wines at the heritage listed Johnston Brewery and the main street of Oakbank.
This rare offering combines a manageable small acreage property (with the opportunity to purchase more land) together with a high quality home over two levels with unsurpassed views including the dam that provides unlimited water supply to the property. Infrastructure includes a large 15 X 7 meter timber framed shed with enclosed workshop and potential for stables, and also a spectacular Carey Gully stone gable facing the entrance. The property offers the astute purchaser the opportunity of a semi-rural lifestyle in this quiet, blue ribbon, Oakbank location whilst only being a short 30 minute commute to Adelaide CBD Via the South Eastern freeway.

This rare parcel of premium land, boasting excellent working paddocks, unlimited water supply with majestic gums has been a much loved family property for over 20 years and is a first time offering to the open market.
The entrance leads to a magical avenue of London plane trees, agapanthus and a stunning rose garden through to the ideally positioned two storey family home of solid brick. The 4 bedroom, 3 bathroom, rumpus room and study home is positioned to make the most of stunning paddock and dam views. The renovated kitchen with brand new Miele appliances also takes advantage of the spectacular views whilst allowing the opportunity of watching the kids run around on the large pristine lawn area.
The large lounge/dining area allows for natural light with a large slow combustion heater as well as radiant ceiling heating running throughout all living areas and office offering additional warmth on those brisk hills mornings. Ducted reverse cycle air conditioning also assists in providing perfect temperature control throughout all seasons.
The extra-large rumpus room offers space and room to be styled to suite all lifestyles. Use your imagination to utilize the space for a separate TV area, work station, games area, home gym and or studio. All four large bedrooms are on the upper level, three have BIR and the other a built in desk. The master bedroom complete with exposed beams and gable roof includes an ensuite for provided privacy. New carpets and paint are throughout the whole house and offer a fresh new canvas to move straight in.
Additional external improvements include double carport, beautifully manicured grounds, 90K litre water tank, automatic watering system to front lawn and excellent fenced paddocks.
If lifestyle, privacy & tranquility are high on your list, this stunning property is the perfect rural haven for you & your family to enjoy - just one look is all you will need to appreciate the unique nature of this property.

Property History for 124 Martins Rd, Oakbank, SA 5243

A timeline of how this property has performed in the market
Last Sold
$1,040,000
29 Mar 2017
  • 29 Mar 2017
    Sold for $1,040,000
  • 10 Nov 2016
    Listed for Sale $990,000-$1,050,000
  • 29 Jul 2013
    Transferred
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About Oakbank 5243

The size of Oakbank is approximately 27.4 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Oakbank in 2011 was 922 people. By 2016 the population was 852 showing a population decline of 7.6% in the area during that time. The predominant age group in Oakbank is 50-59 years. Households in Oakbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakbank work in a professional occupation. In 2011, 80.5% of the homes in Oakbank were owner-occupied compared with 82.4% in 2016.

Oakbank has 469 properties. Over the last 5 years, Houses in Oakbank have seen a 68.77% increase in median value, while Units have seen a 65.25% increase. As at 31 August 2024:

  • The median value for Houses in Oakbank is $1,028,269 while the median value for Units is $511,057.
  • Houses have a median rent of $395.
There are currently 1 property listed for sale, and no properties listed for rent in Oakbank on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Oakbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.